The current membership of IPF's Board committees is set out in the table below.
The Audit Committee's principal responsibilities are to provide assurance to the Board on:
The integrity of the Company’s finanial reporting and statements
The effectiveness of the Group’s internal controls and risk management systems as they relate to the Group’s financial reporting.
The internal and external audit processes
The Committee also makes recommendations to the Board, to put to shareholders at the AGM on the appointment, reappointment or removal of the external auditors, and approves their remuneration and terms of engagement.
In addition to Committee members, the externalauditor, the Chief Executive Officer, the Chief Financial Officer and the Group Head of Internal Audit are invited to attend all meetings. Periodically, senior management from across the Group are invited to present on specific aspects of the business.
The Committee meets the external auditor from time to time without an executive director or a member of the senior management team being present. It also reviews its own performance and terms of reference regularly.
Audit Committee |
|---|
| Michael Petronio |
| Eric Torgerson |
| Michelle Hemerley |
The principal responsibilities of the Disclosure Committee include:
The Committee’s members, who are appointed by the Board, comprise the Chief Executive Officer, the Chief Financial Officer and the Chief Legal Officer. The Committee meets during the year as required and reviews its performance and terms of reference regularly.
Click here for the Disclosure Committee's Terms of reference
Disclosure Committee |
|---|
Gary Thompson (Chair) |
Gerard Ryan |
Thomas Crane |
